Amy Wachtel Delman has been involved in public relations, marketing, and branding for over two decades. Her expertise lies in using media exposure to raise awareness and increase revenues in companies where she has worked in-house or as a consultant. She has been mentioned in Inc. magazine and the National Journal of Public Relations.
As a participating author of the book, “Jersey Women Mean Business! Big Bold Business Advice from New Jersey Women Business Owners: Practical Pointers, Solutions, and Strategies for Business Success,” Amy discusses the subtle but important differences between PR and marketing and advertising.
Congrats to Richard M. Hoffman, CPA, Levine, Jacobs & Company, LLC, for an eye-opening interview on Roth IRAs on WCTC-AM radio!
Congratulations to Richard M. Hoffman, CPA/CGMA, Member, Levine, Jacobs & Company, L.L.C., my client who was recently interviewed on Jersey Central, the morning drive program which airs on WCTC-AM radio. The topic was Roth IRA and some upcoming changes anyone who uses these funds should be aware of.
President Obama’s 2016 budget proposal provides that future Roth conversions be limited to pre-tax money only. Thus, after-tax, nondeductible amounts (those attributable to basis) held in a traditional IRA could not be converted to Roth amounts. A similar rule would apply to amounts held in eligible retirement plans. This proposal would effectively kill most back-door Roths.
It is unclear as to whether this proposal will pass, or when the effective date will be, so if a taxpayer is contemplating this funding method, it should be done as soon as possible.
According to Richard Hoffman, “For taxpayer’s who would like to contribute to a Roth IRA, but are not permitted to do so because of their income limitation, a “back door’ contribution is still available. Since there are no income limitations on funding a “nondeductible IRA”, taxpayers can make a maximum contribution to a nondeductible account and then elect to convert the account to a “Roth IRA.”
The entire interview can be heard here.
Congratulations to Steven Sirot and David Slater, Co-Founders, College Benefits Research Group (CBRG), on being quoted in FORBES magazine on why a game winning strategy on how to pay for college takes strategic planning and time.
Congratulations to Community Access Unlimited (CAU) on their recent appearance on NJTV to honor National Disability Awareness Month!
In 1987 President Ronald Reagan established the month of March as Developmental Disabilities Awareness Month. That started a movement to move people with disabilities out of institutions and into the mainstream. It led to programs that help them become productive members of the American workforce. And led — three years later — to the Americans with Disabilities Act banning workplace discrimination. But there are still challenges. Community Access Unlimited Family Mentor Rebekah Novemsky told NJTV News Anchor Mary Alice Williams that she likes to help with the cause, especially because her son has cerebral palsy.